<b>I'm confused as to how to treat a prepaid tuition plan when
applying for financial aid. I'm an independent student but I have a
small prepaid tuition account which is held by a parent as account
owner with me as the beneficiary. Since I don't list parent assets
when filling out the FAFSA, do I need to list the prepaid tuition
plan? If so, how does this effect my financial aid? Do I list the
current value of the plan?
<em>&mdash; Jim C.</em></b>
The College Cost Reduction and Access Act of 2007 changed the
treatment of qualified education benefits effective July 1,
2009. Quali...
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